The office market in Warsaw is currently experiencing a period of stability in terms of supply and take-up. Recent data on overall tenant activity indicates that clients in the capital most often opt for signing new leases (including owner-occupied spaces, 50.5 pct), extensions and renegotiations (42.2 pct), and expansions (7.3 pct). Some companies consider multiple scenarios during relocation, including moving to another office district. Alternatively, leasing an office module in a logistics or distribution park could be an alternative option. This trend reflects the changing needs of businesses seeking more flexible location solutions that combine functionality with cost-effectiveness. How, over recent years, warehouses' offices have evolved from mere functional areas for logistics personnel to becoming fully-fledged office spaces capable of competing with traditional Class A office buildings?
Modernity and flexibility of office spaces in warehouses
Historically, warehouse offices
Flex market picks up momentum
Flex market picks up momentum
The flexible office market in Poland is growing rapidly. In the upcoming years, we can expect the pace of its development to accelerate. Currently, over 420,000 sqm of flex space a ...
Walter Herz
Optimism returns
Optimism returns
Lower interest rates in the eurozone and the easing of monetary policy in Poland are expected to revive investment in the real estate market. A noticeable increase in the value of ...
Walter Herz
Warehouse developers now more cautious
Warehouse developers now more cautious
Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...
Avison Young